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HB Rentals, Mubarak A AlSuwaiket and Sons O&G in SA

Source: www.gulfoilandgas.com 11/13/2012, Location: Middle East

HB Rentals, the global offshore accommodation specialist to the oil and gas industry, has further enhanced its expansion in the Middle East by announcing a partnership with Mubarak A AlSuwaiket & Sons Oil and Gas Services Co in Saudi Arabia.

This agency agreement expands HB Rentals' capability into Saudi Arabia, specifically with a view to working with Saudi Aramco in the near future.

The company recently signed an agreement with GASOS in Abu Dhabi and is now looking to potential agency partnerships in Qatar and Kuwait.

Michael Bradley, Director of Sales and Business Development at HB Rentals said: "Since our move to the Middle East nearly two years ago the business has grown from strength to strength and partnering with Mubarak A AlSuwaiket & Sons Oil and Gas Services Co allows us access to a new section of this burgeoning market. Al Suwaiket came highly recommended and we're looking forward to a fruitful relationship with them."

Jean Wakim, Vice President & General Manager of Al Suwaiket, commented: "We are very excited about HB Rentals' entry into the Saudi market. HB Rentals presence in the Kingdom of Saudi Arabia will add a lot of value by providing specialized superior quality products that have not been previously available to the oil & gas industry in the Kingdom."

HB Rentals is a turnkey service provider with international bases and manufacturing capabilities.

The company offers offshore accommodation units for rental, as well as water making plants, sewage systems, pumps, tanks, stairways and walkways, lighting towers, power distribution panels and power generators.

This partnership is the latest in a string of successes for HB Rentals in 2012. The company has also enjoyed a flurry of significant account wins including McDermott International, Abu Dhabi-based National Petroleum Construction Company (NPCC), leading provider of liftboats, Hercules Offshore, Al Jaber, GMS and Earth, with a combined worth of approximately $1 million.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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